Shanghai, China, May 10, 2021 —— Honeywell (NYSE: HON) announced today that Jiangsu Yuyue Medical Equipment Co., Ltd. (Yuyue Medical) will conduct more in-depth exchanges and cooperation with Honeywell on high-performance pressure swing adsorption (PSA) oxygen generation molecular sieve technology to further improve the performance of oxygen generation equipment and contribute to the rapid development of China's oxygen generator industry.
"We are excited to work closely with Yuyue Medical on high-performance oxygen generation molecular sieve solutions to support the development of the industry and the global fight against the pandemic." Lei Xiang, Vice President and General Manager of Honeywell UOP China, said: "The cooperation between the two parties will fully explore the advantages of molecular sieves in terms of adsorption performance, physical properties, safety performance and service life, and ultimately benefit users. ”
As one of the world's largest R&D and manufacturers of oxygen concentrators, Yuyue Medical has been leading the development of the industry with high standards, and this technical cooperation with Honeywell will help Yuyue Medical's oxygen concentrators achieve high-performance development. Yuyue Medical said that this is a joint venture after signing a strategic cooperation with Honeywell last year, and looks forward to more forward-looking cooperation between Honeywell UOP and Yuyue Medical based on the industry experience and technical advantages of both parties.
Yuyue Medical has been developing in the field of life and health business for more than 20 years, and is committed to the R&D, innovation and intelligent manufacturing of medical devices, and its respiratory therapy solutions include various types of oxygen concentrator equipment such as medical grade. As one of the major medical device companies in China, Yuyue Medical has always ensured the quality of medical-grade oxygen supply with rigorous, mature and cutting-edge craftsmanship and set an industry benchmark.
Honeywell UOP is one of the pioneers in the field of catalysts and adsorbents, having synthesized and commercialized molecular sieves in the laboratory as early as the early 50s of the last century. Over the course of 70 years of technology, Honeywell has continuously developed and improved the performance of zeolites based on the needs of the application. In addition to product R&D, UOP's R&D center in China is equipped with PSA testing and experimental simulation technology to help customers quickly adjust the most suitable operating parameters, save product debugging time, ensure that the output oxygen production concentration meets the requirements of medical and health care, and better serve consumers.
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